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Manager OR Director – Actuary – LTC

Responsibilities

Valuation and Financial reporting

  • Key contact and liaison between external consultants working on the valuation of existing LTC business, and other internal stakeholders.
  • Responsibility to help assess, onboard and support quarterly reporting on new LTC transactions.
  • Support external consultants and CA colleagues in enhancing and improving the existing valuation process to be faster and more efficient.
  • Manage LTC‑specific quarterly and annual closing issues, assumptions, corrections, and control evidence.

LTC Assumptions & Insight.

  • Develop and document valuation assumption updates, ensuring alignment with Pricing/ERM and assumption governance.
  • Quantify sensitivities and stress tests and support deeper insights and analysis of MARCs LTC business.

Modeling & Process Governance

  • Strengthen model/process controls: input validation, automated checks, and reproducible workflows.
  • Ensure LTC model/process changes support Best Estimate reporting, statutory requirements, and emerging deal structures.

Planning, Forecasting & Strategic Support

  • Prepare LTC projections for reforecasts, annual plan, ORSA‑aligned scenarios, stress testing, and capital analysis.
  • Partner with Pricing and other Corporate Actuarial colleagues on onboarding new LTC deals into valuation.

Stakeholder Partnership

  • Collaborate with Finance, Model development, ERM, Claims, and Data teams.
  • Communicate results to both actuaries and non-actuaries, and work collaboratively across Munich Re
  • Assist external reviewers (e.g., auditors)
  • Effectively manage internal and/or external resources (e.g. consultants)

Your profile

  • FSA required
  • Bachelor’s degree
  • Valuation or Financial Reporting experience
  • Living benefits/ LTC product knowledge preferred
  • Modeling experience (e.g. Moody’s AXIS, SQL) preferred

Our Benefits

  • Comprehensive Medical Plans
  • PTO and Family Leave
  • Retirement Savings Plans
  • Dental and Vision Plans
  • Life and Disability insurance
  • Employee Assistance Program
  • Adoption Assistance
  • Wellness Programs – Calm, WW, SoFI, Virgin Pulse
  • Commuter Benefits
  • FSA and HSA Plans
  • Hospital Indemnity, Critical Illness and Accident Plans